Harris Corp.

April 25, 1985|By Deanne Brandon

MIXED RESULTS. Third-quarter sales rose but profit fell, Melbourne-based Harris Corp. reported Wednesday. Sales: $574.1 million vs. $502.5 million in the same period a year ago. Earnings: $17.2 million, or 43 cents a share, down from $19.8 million, or 50 cents a share, a year earlier. The decline: Due to a big drop in profit for the company's information-systems division. Forecast: A further decrease in profit in the fourth quarter, chairman Joseph Boyd said.